JPMorgan Analysts Predict The Average Compensation At Goldman Will Likely Fall $100K

The average pay at Goldman
Sachs is seen falling about $100,000 by the end of 2013 due
to issues such as lackluster deal activity and financial
regulations,
Fortune's Stephen Gandel reports citing a research note
from JPMorgan Cazenove, the European division of JPMorgan
Chase.

Last year, the average salary at Goldman was $412,000. Now
the JPMorgan Cazenove analysts expect the average compensation at
their rival to be $314,000, the Fortune report
said.

Gandel also points out that because of this many
Goldmanites would likely fall out of the so-called 1% cut off
($368,000 or more) in the United States.

Of course, Goldman isn't the only Wall Street bank the
analysts see being impacted by lower compensation.